Canada

Chilean authorities divided over Goldcorp's $3.9bn El Morro mine

Cecilia Jamasmie | October 17, 2014
Chilean authorities divided over Goldcorp's $3.9bn El Morro mine

The country’s environmental authority criticized the Top Court decision saying the miner conducted proper consultation with local indigenous groups and shouldn’t have to do it again.

Cliffs the newest victim of iron ore price slump: to take $6bn charge

Cecilia Jamasmie | October 17, 2014
Cliffs the newest victim of iron ore price slump: to take $6bn charge

The miner said the move was driven by its revised pricing outlook and adverse market conditions.

Copper price below $3 as mines add a million tonnes

Frik Els | October 16, 2014
Copper price below $3 as mines add 1 million tonnes

Copper price sinks to 10-month low after new report says mine capacity representing 6% of current production will come on stream over the next six months.

Iron ore price crushed again

Frik Els | October 16, 2014
Iron ore price crushed again

Those calling a market bottom after Monday's surge and Chinese import gains may have been premature.

In Alberta, anxiety grows over declining oil prices

Globe and Mail | October 16, 2014

Alberta’s oil patch and government are watching nervously as the slump in world oil markets threatens the province’s economic boom.

Renewables would boost First Nations’ support for mining in Ontario: poll

Cecilia Jamasmie | October 16, 2014
Renewables would boost First Nations’ support for mining in Ontario: poll

About 71% of the Northern Ontario First Nation community residents surveyed believe the provincial government is not doing enough to promote renewables.

BHP bows to pressure, to list spinoff in London

Cecilia Jamasmie | October 16, 2014
BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

Switzerland’s central bank calls to thwart gold vote

Cecilia Jamasmie | October 15, 2014
Switzerland’s central bank calls to thwart gold vote

The initiative seeks to force the SNB to keep at least 20% of its assets in the metal and repatriate gold reserves held abroad.

Mick Davis has now almost $5 billion to build new mining empire

Cecilia Jamasmie | October 15, 2014
Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

Court orders Centerra to halt trade of shares owned by Kyrgyz gov't

Cecilia Jamasmie | October 14, 2014
Court orders Centerra to halt trade of shares owned by Kyrgyz gov't

The injunction was sought by Stans Energy.

First Quantum warns Zambia tax hike will cost jobs, investment drop

Cecilia Jamasmie | October 14, 2014
First Quantum warns Zambia tax hike will cost jobs, investment drop

The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.

Zambia launches major overhaul of mining tax, increases royalties

Cecilia Jamasmie | October 10, 2014
Zambia launches major overhaul of mining tax, increases royalties

Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.

Former Xstrata boss tried buying BHP’s coal division: report

Cecilia Jamasmie | October 10, 2014
Former Xstrata boss tried buying BHP’s coal division: report

It is unclear whether Mick Davis bid for all the assets that BHP ended up including in the new to-be listed firm.

LNG industry in B.C. no slam-dunk

Business in Vancouver | October 9, 2014
LNG industry in B.C. no slam-dunk

A new industry association representing oil and gas producers trying to develop a liquefied natural gas industry in British Columbia made its debut today with a warning: it’s no slam-dunk that LNG plants will be built in B.C.

Hundreds of Canadians lifesavings down the drain as ‘God’s’ gold venture fails

Cecilia Jamasmie | October 9, 2014
Hundreds of Canadians lifesavings down the drain as ‘God’s’ gold venture fails

Investors claim Liberty International Mineral Corporation CEO has cut off all contact with most of the people who invested at least Cdn$18 million in his company.

Areva begins processing uranium from Cameco’s Cigar Lake

Cecilia Jamasmie | October 9, 2014
Areva begins processing from Cameco’s Cigar Lake

Cameco’s Cigar Lake mine is set to become one of the world’s biggest by 2018.

The U.S. shale revolution is underway: This drill-rig mover, backed by a Canadian oilpatch titan, is poised to capitalize

CEO.CA | October 8, 2014

The still-rising shale energy boom is moving the United States ever closer to energy independence. This means drilling activity is skyrocketing — and will continue to be heavy for years.

Cutifani says tough decisions needed to restore credibility

Cecilia Jamasmie | October 8, 2014
Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.

B.C. breaking information act by not disclosing Mount Polley reports: lawyers

Cecilia Jamasmie | October 8, 2014
B.C. breaking information act by not disclosing Mount Polley reports: lawyers

B.C.’s Mines Ministry says release could jeopardize the outcome of several government investigations into the case.

Oil sands producer settles lawsuit by buying four farms

Cecilia Jamasmie | October 8, 2014
Oil sands producer settles lawsuit by buying four farms

Calgary-based Baytex Energy reached settlement with a group of families who claim were forced from their farms over odours.

Chile’s top court orders Goldcorp to halt El Morro mine

Cecilia Jamasmie | October 7, 2014
Chile’s top court orders Goldcorp to halt El Morro mine

Once again the mining giant's $3.9 million project can't move forward until local indigenous groups who oppose it are better consulted.

Crude from oil sands not dirty: European Union

Cecilia Jamasmie | October 7, 2014
Crude from oil sands not dirty: European Union

The EU new plan changes how refiners label the carbon intensity of their fuel.

Gold output hike boosts Mexico’s Durango state appeal

Cecilia Jamasmie | October 7, 2014
Gold output hike boosts Mexico’s Durango state appeal

The news represents a relief for local authorities, which have seen several projects halted in recent months.

Taseko launches civil suit

Michael Allan McCrae | October 6, 2014
bulldozer blade mining truck

Suit is significant for who it is naming.

Barrick Gold denies having paid for expropriated lands in Dominican Republic

Dominican Today | October 6, 2014
Barrick Gold denies having paid for expropriated lands in Dominican Republic

Barrick denied Monday having paid the families who own lands expropriated for the gold mine during the 1950's, and affirmed that it was the Dominican State which acquired the properties.

Coal dust seen as serious environmental threat in Canada: poll

Vancouver Sun | October 6, 2014

Metro Vancouver residents polled in a new survey are also concerned that coal dust from a recently approved loading facility at Fraser Surrey Docks will harm regional air quality.

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